MESSAGE FROM
MANAGING DIRECTOR

We aim to operate with transparency, morality and responsibility. Kingfisher Holdings Limited and its affiliated companies, are determined to manage the business in accordance with the Code of Business Conduct we published. This Code of Business Conduct, for Kingfisher Holdings Limited and its affiliated companies, has been created in order to facilitate sustained stability and success in the business. Sustained stability and success do not refer only to gaining a competitive advantage, but also taking into account morality when running the business using the values concept of the company as foundation and strength in a sustainable and responsible manner. Thus, the Board of Directors of the Company has produced this business ethics handbook for executives and staff as part of their routine.

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